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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Appropriation <br />Agenda Date Requested:February 13, 2011 <br />Source of Funds: <br />Michael Dolby,CPA Finance Director <br />Requested By: <br />Account Number: <br />FINANCE <br />Department: <br />Amount Budgeted: <br />Report: Resolution:Ordinance: <br />Amount Requested: <br />Exhibits: Resolution <br />Exhibits: <br />Budgeted Item: <br />Exhibit <br />SUMMARY & RECOMMENDATION <br />The City of La Porte currently collects a 1% fee from telecommunication companies for public, <br />educational, and governmental (PEG) programmingas part of the franchise fee collected from <br />the City’s franchise cable provider, Comcast.Under chapter 66 of the Texas Utilities Code, a <br />PEG fee may be spent only as permitted by federal law,which provides that expenditures must <br />be for capital costs-such as cameras, fixtures, lighting, and otherprogramming equipment. <br />Senate Bill 1087, effective September 1, 2011 requires cities to establish a separate account for <br />the PEG fee revenue and to maintain a record of each deposit to and disbursement from the PEG <br />fee, including a record of the payee and the purpose of each disbursement. <br />Staff reviewed the requirements of this fee and determined that the city hasexpended sufficient <br />funds for this program and there are no future projectsrequiring funding from this program. <br />Therefore, staff recommends approval ofa resolution electing not to require remittance of a PEG <br />fee by telecommunication companies. <br />Action Required by Council: <br />Consider approval or other action of a resolution electing not to require the remittance of a PEG <br />fee by holders of a state issued certificate of franchise authority. <br />Approved for City Council Agenda <br />Steve Gillett,Interim City ManagerDate <br /> <br />